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Stock impact report

How the Supreme Court's decision affects Apple and its $3.3 billion tariff bill [MSNBC.com]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: MSNBC.com
In this articleTim Cook, chief executive officer of Apple Inc., during the 60th presidential inauguration in the rotunda of the US Capitol in Washington, DC, US, on Monday, Jan. 20, 2025.Bloomberg | Getty ImagesApple's tariff bill has racked up about $1 billion per quarter, but that number should start shrinking following theSupreme CourtThe Supreme Court on Fridaystruck downDonald TrumpApple has paid about $3.3 billion in tariffs since Trump initiated them last year.iPhoneFriday's decision means Apple could start to see lower production costs and keep more of its margins. The company could also face less pressure to move its production away from China and simplify its supply chain.Apple declined to comment.The large tariff costs stem from U.S. import duties on products and components manufactured overseas — especially from China and other Asian partners, like Vietnam and India.When laying out the plan to handle tariffs in May, CEOFriday's decision kills Trump's tariffs on China-made Show less Read more
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